RAWALPINDI – Reports of the death of a Pakistan Army officer during a Pakistan-Sri Lanka cricket match at Rawalpindi Cricket Stadium went viral online, and it prompted reponse from the Ministry of Information and Broadcasting MoIB.

According to ministry’s fact-check, the deceased was not a Pakistan Army officer but a Pakistan Cricket Board (PCB) employee who died from electrocution at his home, with no connection to the match.

Ministry of Information and Broadcasting ruled out social media claims that an Army officer died of a heart attack during the Pakistan-Sri Lanka cricket match at Rawalpindi Cricket Stadium, clarifying that Muhammad Farooq was not present at the stadium during the match and had no connection with the event. The clarification contradicts claims circulated on social media suggesting that an Army officer suffered a medical emergency during the match and later died at a hospital.

Journalist Naveed Satti reportedly claimed that 50-year-old Muhammad Farooq, son of Muhammad Azam, lost consciousness during the Pakistan-Sri Lanka match and was transported to Benazir Bhutto Hospital in Rawalpindi by Rescue 1122, where he subsequently died. The journalist further claimed that Farooq was working with Pakistan Army and was posted at a security agency in Islamabad.

According to the ministry’s fact-check and the First Information Report (FIR) shared with its statement, Farooq was approximately 60 years old and died after suffering an electric shock while checking an electrical plug at his home. After the incident, his family contacted Rescue 1122, and he was shifted to a local hospital. Hospital records reportedly identified electrocution as the cause of death.

FACT CHECK: No Pakistan Army lieutenant colonel killed at Chaman Border amid clashes

The ministry further clarified that the deceased was a PCB employee, not a member of the Pakistan Army. It also stated that he was not present at Rawalpindi Cricket Stadium during the match. The discrepancy between the age cited in the journalist’s claim and the age mentioned in the FIR is another detail that distinguishes the two accounts.

Authorities urged the public to verify information through credible sources before sharing reports of deaths, emergencies or other sensitive incidents on social media.

FACT CHECK: Did US Navy operate from Pakistani territory against Iran?

The post FACT CHECK: Did Pak Army Officer die of Heart Attack during Pakistan-Sri Lanka Pindi Match? appeared first on Daily Pakistan English News.

• Higher- and lower-income Americans are more likely than those in the middle to say they're living paycheck to paycheck.
• The top and bottom also struggled with making credit card payments and are delaying financial goals.
• Lifestyle creep is one reason high earners are feeling anxious.

Low and high earners have at least one thing in common: they're more likely than those somewhere in the middle to say they're living paycheck to paycheck.

A July survey of over Americans by Goldman Sachs Asset Management and behavioral economics firm Escalent showed about 61% of working respondents with less than $50,000 said they're primarily living paycheck to paycheck, meaning they struggle to save or make progress toward long-term goals. The share dropped to 22% for those with $100,000 to $200,000 but rose to about 37% for those with more than $500,000.

"Financial security as reported does not rise in a straight line with income; it follows a u-shaped pattern," a recent report said.

However, those at the top and bottom are facing different challenges.

Lower earners are struggling to keep up with the basics. A Pew Research Center survey found 42% of lower-income US adults struggled to afford daily transportation costs, and 39% of lower-income adults said the same about paying their rent or mortgage.

High gas prices don't help; they're rising at a faster clip than before the Iran war. Food-at-home prices, which include groceries, are rising more slowly, but they are still increasing. And the gap between what you need to earn to afford a house and the actual median household income has worsened, according to a tracker from the Atlanta Fed.

Meanwhile, high earners with more than $300,000 are facing "more complex financial lives, higher lifestyle expectations, larger fixed commitments, and a wider gap between the retirement they envision and what they believe they have secured," the report said. Lifestyle creep could also be a factor, said Chris Ceder, senior retirement strategist at Goldman Sachs Asset Management.

U-shapes everywhere

The report also showed there were U-shapes by income level in how often financial concerns make it tough to focus at work, how many people are struggling with credit card payments, and how many said they're delaying financial goals.

Those at the highest end of the income spectrum also had the highest share saying they've had to delay retirement despite being employed, at 45%.

When asked about what stands most in the way of saving up for retirement, 31% of Americans overall said housing costs, 31% said day-to-day living expenses, and 27% said debt payments.

"These expenses arrive every month, cannot be deferred, and they are paid first," the report said. "Retirement is often paid last."

Ceder said housing costs, family care, and healthcare are top concerns for the upper end of the income spectrum, while debt management is among the top three for the lower end.

Taking on more work

Ceder said that the highest-income workers were the most likely to take on multiple jobs. A likely reason could be saving up for unexpected costs.

"You would think again that mostly people who are at the lower-income spectrum may be working a second job or doing gig or freelance, but it's actually flipped," Ceder said.

A ZipRecruiter survey from earlier this year found workers earning over $150,000 were most likely to have supplemental work — with about 45% saying so compared to 31% of those making between $25,000 and $50,000.

Ceder said this hustling from the higher earners could suggest they're aware of their long-term financial goals and want to get ahead of that.

"They actually are pretty confident that they're going to be able to reach retirement, but some of that supplemental work is going towards retirement," he said.

Are you living paycheck to paycheck? We're looking to hear about how people are doing in today's economy and any changes they've had to make. Reach out to this reporter to share at mhoff@businessinsider.com.

Climate change is making your home uninsurable! That's the headline, but look behind it and you find a press release by a PR outfit touting some very dubious claims about floods and finance, says Tilak Doshi.

The post No, Climate Change is Not Making Your Home “Uninsurable” appeared first on The Daily Sceptic.